Bitget CEO Gracy Chen called on THORChain to block addresses linked to the $1.5 billion Bybit hack attributed to North Korean hackers, but the decentralized protocol refused, sparking a debate over whether it can or should comply with such requests. THORChain’s native token RUNE surged 50% in a week despite the controversy. Vitalik Buterin outlined Ethereum’s rebuild with zero knowledge proofs, parallel processing, privacy and post-quantum technology, describing it as evolving beyond a blockchain into a hybrid cryptographic world computer architecture. SEC Commissioner Hester Peirce, known as “Crypto Mom,” formally resigned effective October 2, criticizing excessive KYC data storage and advocating for zero knowledge proofs instead. At week’s end, Bitcoin traded at $84,222, Ethereum at $2,674 and XRP at $1.50, with total market cap at $2.88 trillion according to CoinMarketCap.
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